Being financially illiterate can lead to financial disaster, as it increases the likelihood of accumulating unsustainable debt burdens due to poor spending decisions or a lack of long-term planning.
Understanding core personal finance concepts like cash management, bank accounts, credit, taxes and investing is important. With that knowledge, people can make decisions that benefit their current ...
In an increasingly complex financial world of buy-now-pay-later schemes, scams, and social media marketing, there are renewed ...
Recent studies have highlighted a concerning trend regarding financial literacy among young adults aged 18-27. Notably, a collaborative study by the TIAA Institute and the Global Financial Literacy ...
Many young people are concerned about their financial futures — understandable, given today’s economic climate, with concerns about inflation, high interest rates, rising home prices, and uncertainty ...
Financial illiteracy costs the average American $1,015 a year. This isn't just some abstract statistic — it's real money lost to bad budgeting, high-interest debt, and missed chances to grow wealth.
A recent report highlighted the poor levels of financial literacy among American teens, but are states doing enough to ensure that the next generation have the money skills they are going to need? Not ...
It’s hard to find time in the school year for everything a student should learn before graduating from high school. Practical education courses we remember from high school, like home economics and ...
But one of the most forward-looking elements in the strategy is financial education. If financial services are part of the infrastructure of everyday life, education is how we ensure people can use it ...
ASBURY PARK - With summer jobs and first paychecks on the way, a group of 11 teenagers gathered at the Boys & Girls Club here to learn the basics of building wealth. It sounded easy enough. Open a ...
One state funded scholarship program focuses on traditional students, while the second is geared toward older, returning students.
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